We chose The Hunger Project as one of the charities to which we will contribute in the $50,000 challenge. THP is a global, non-profit, strategic organization committed to the sustainable end of world hunger. It has received a 4 star (the best) rating from Charity Navigator and an "A" from The American Institute of Philanthropy (referred to here as Global Hunger Project). The following describes a person helped by THP:
Elizabeth Kalimbuka is a
participant in The Hunger Project's pilot microfinance program for people living with HIV/AIDS
in Malawi. After participating in several workshops and trainings, including
business management training, Elizabeth took out a small loan of
about US$75 in 2006. Since then, she has taken out and repaid several more
loans and now has two profitable businesses--animal husbandry and brick making.
She has lifted herself and her family out of poverty and proudly declares
"I am now able to buy enough food to feed my family!" Here is Elizabeth's story in her words...
My name is Elizabeth Kalimbuka, and I
am a widow . . . born on the 16th of July, 1963. I tested HIV-positive in
2004, . . . After undergoing business management training, I took a loan
of K10,000 (about US$75) in June 2006 and started a butchery business. I bought
the first cow at about K7,000 (US$55), and used K2,000 (US$16) to pay laborers
and for market rentals and other utilities. I made a profit of K3,000.00
(US$24) after selling the meat (30% profit on capital in four days). After some
cycles, I made enough capital and I was able to change my business to buying
live cows, fattening them and then selling
them live. This is more lucrative
and less involved. . . . I am now able to buy enough food to feed my
family. Currently I have 10 bags of maize and one bag of rice [the next harvest
season was just four months away at this time, so villagers only needed a
maximum of eight bags of maize]. . . . I will always be grateful to THP-Malawi
for the trust they had in us, people living with HIV. The training in business
management helped me to manage my loan very well. Of course, it has not been
easy going all along, but I am glad to tell you that I managed to repay the
whole loan plus interest. I am glad that I am one of the shining stars here in
Nchalo and am urging other microfinance initiatives to follow what THP-Malawi
did: offering loans to people who are HIV-positive. Thank you very much. Read the entire
story.
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